Bor Şeker Adds 134,591 Shares to Its Buyback Holdings
The company reported another repurchase under its year-long program, bringing its own BORSK holdings to 8,111,500 shares.
Key takeaways
- Bor Şeker repurchased 134,591 shares on October 12 at 5.41 lira each.
- The company said its BORSK holdings reached 8,111,500 shares, or 0.84% of capital.
Bor Şeker repurchased 134,591 of its own shares on October 12 for 5.41 lira per share, according to a KAP filing by the company. Its holdings of BORSK shares reached 8,111,500, equal to 0.84% of its capital.
The purchase is part of a buyback program launched by a board decision on September 3. The program runs through September 3, 2027, and allows repurchases of up to 36,000,000 nominal shares, with 250,000,000 lira allocated.
A buyback means the company purchases existing shares; it is not a dividend payment or new capital for the company. The filing reports the latest transaction but does not say how many more shares the company will buy.
This article was produced with the help of AI technology. Source: Yahoo Finance
